Lead Commercial Loan Closing Specialist

Wells FargoMinneapolis, MN
2d$87,000 - $154,000Hybrid

About The Position

About this role: Wells Fargo is seeking a Lead Commercial Loan Closing Specialist in Agency Servicing as a part of Commercial Banking Operations Division. In this role, you will: Complete pre-close and post-close documents for the most complex commercial real estate loans Coordinate loan closings, perform customer, loan and regulatory diligence and on-going portfolio maintenance Evaluate and upload data into the systems of record Research complex business and operational decisions Review and prepare loan related documents Ensure compliance with all policies, procedures and regulatory requirements Provide guidance and training to peers and may have limited supervisory responsibilities Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals Interact with internal and external customers Receive direction from leaders and exercise independent judgment while developing the knowledge to understand function, policies, procedures, and compliance requirements

Requirements

  • 5+ years of Commercial Loan Closing experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
  • Experience in Loan IQ (LIQ) – Boarding and funding syndicated and/or large complex commercial loan transactions.

Nice To Haves

  • Extensive knowledge of Syndicated Loans
  • Ability to interpret Complex Syndicated Credit Agreements
  • Proficient in Commercial Loan Documentation review
  • Experience in handling customer and business partner escalations
  • Experience in managing complex pipelines
  • Experience being a Subject Matter Expert (SME) representing Commercial Loan Operations on projects.
  • Experience in report analysis and compilation
  • Sound analytical skills with high attention to detail and accuracy
  • Ability to navigate multiple computer systems, applications, and utilize search tools to find information
  • Excellent verbal, written, and interpersonal communication skills
  • Effective organizational, multi-tasking, and prioritizing skills
  • Ability to work in a fast-paced deadline driven environment
  • Ability to work effectively in a team environment and across all organizational levels; where flexibility, collaboration, and adaptability are important
  • Ability to work a hybrid schedule
  • Willingness to work on-site at stated location on the job opening
  • This position is not eligible for Visa sponsorship

Responsibilities

  • Complete pre-close and post-close documents for the most complex commercial real estate loans
  • Coordinate loan closings, perform customer, loan and regulatory diligence and on-going portfolio maintenance
  • Evaluate and upload data into the systems of record
  • Research complex business and operational decisions
  • Review and prepare loan related documents
  • Ensure compliance with all policies, procedures and regulatory requirements
  • Provide guidance and training to peers and may have limited supervisory responsibilities
  • Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals
  • Interact with internal and external customers

Benefits

  • Health benefits
  • 401(k) Plan
  • Paid time off
  • Disability benefits
  • Life insurance, critical illness insurance, and accident insurance
  • Parental leave
  • Critical caregiving leave
  • Discounts and savings
  • Commuter benefits
  • Tuition reimbursement
  • Scholarships for dependent children
  • Adoption reimbursement

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What This Job Offers

Job Type

Full-time

Career Level

Mid Level

Education Level

No Education Listed

Number of Employees

5,001-10,000 employees

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